Pro Farmer
The livestock markets showed impressive strength today while the grain and soy complex underwent selling pressure.
The grain and soy complex favored a weaker tone to end the week, though did see some strength into the close.
Live cattle and lean hogs boasted impressive gains, while feeder futures underwent selling pressure under reports feeder imports from Mexico are likely to resume soon.
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Rules still awaited from Treasury/IRS
But Mexico must follow specific steps to restart cattle shipments to U.S.
The grain and soy complex is undergoing modest selling pressure alongside the livestock markets.
Leadership differences on farm bill extension and financial aid to farmers
Corn and wheat traded in tight ranges near unchanged overnight while soybeans favored the downside.